What is NET Power's EBITDA?

NET Power (NPWR) reported EBITDA of -$30.78M in Q1 2026.

How has NET Power's EBITDA changed year-over-year?

NET Power's EBITDA increased by 93.2% year-over-year, from -$452.87M to -$30.78M.

What is the long-term trend for NET Power's EBITDA?

Over 3 years (2022 to 2025), NET Power's EBITDA has grown at a 514.0% compound annual growth rate (CAGR), from $7.47M to -$1.73B.

What does EBITDA mean?

Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

NET Power NPWR EBITDA

Discontinued — last reported Q1 '26

EBITDA at other companies

NuScale PowerSMR

-$57.22M-63.4%

Natural Gas Services GroupNGS

$23.4M+29.0%

Flowco Holdings Inc.FLOC

$77.79M+12.0%

Nextra EnergyNEE

——

Ormat TechnologiesORA

——

ArganAGX

——

Other financials

Income statement

See full

Revenue-—

Gross profit-—

Operating income-$34.2M+92.8%

Net income-$9.9M+91.7%

EPS (diluted)-$0.12+92.3%

Balance sheet

See full

Cash & equivalents$134.3M-55.6%

Total debt$3.6M+28.6%

Total equity$205.3M-67.8%

Total assets$542.8M-70.5%

Cash flow

See full

Operating cash flow-$51.1M-151%

CapEx$8.2M-8.2%

Free cash flow-$59.3M-102%

Valuation

See full

Market cap$147.6M-21.2%

Enterprise value$16.8M-115%

Profitability

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Gross margin91.7%+4.3pp

Operating margin-5,523,266.7%-5,662,660pp

Net margin-1,508,283.3%-1,547,773pp

FCF margin-1,076,558.3%-1,129,620pp

Returns & leverage

See full

Return on equity-111.4%-154pp

Debt / equity0×0.0×

Current ratio23.8×+0.5×

Where this comes from

Calculated from NET Power’s reported figures.

−$34.2Mebit+

$3.4MDepreciation Depletion & Amortization

=-$30.78M

The official record: NET Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NET Power's EBITDA?: NET Power (NPWR) reported EBITDA of -$30.78M in Q1 2026.
How has NET Power's EBITDA changed year-over-year?: NET Power's EBITDA increased by 93.2% year-over-year, from -$452.87M to -$30.78M.
What is the long-term trend for NET Power's EBITDA?: Over 3 years (2022 to 2025), NET Power's EBITDA has grown at a 514.0% compound annual growth rate (CAGR), from $7.47M to -$1.73B.
What does EBITDA mean?: Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.